In the timeframe presented, there has been a general increase in the minimum wages in Venezuela. From April 2019 to May 2021, the minimum wage increased 17,500 percent. Since October 2021, the monetary expression of the Venezuelan bolivar changed by removing six zeros from the currency.
Minimum wages in Venezuela from January 2019 to July 2024
(in Venezuelan bolivar)
* Since October 2021 the Venezuelan bolivar had a new monetary expression that removed six zeros from the currency.
Release date is the date of access to the data.
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Organización Jurisprudencia del Trabajo. (October 11, 2024). Minimum wages in Venezuela from January 2019 to July 2024 (in Venezuelan bolivar) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1418484/minimum-wage-venezuela/
Organización Jurisprudencia del Trabajo. "Minimum wages in Venezuela from January 2019 to July 2024 (in Venezuelan bolivar)." Chart. October 11, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1418484/minimum-wage-venezuela/
Organización Jurisprudencia del Trabajo. (2024). Minimum wages in Venezuela from January 2019 to July 2024 (in Venezuelan bolivar). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1418484/minimum-wage-venezuela/
Organización Jurisprudencia del Trabajo. "Minimum Wages in Venezuela from January 2019 to July 2024 (in Venezuelan Bolivar)." Statista, Statista Inc., 11 Oct 2024, https://www.statista.com/statistics/1418484/minimum-wage-venezuela/
Organización Jurisprudencia del Trabajo, Minimum wages in Venezuela from January 2019 to July 2024 (in Venezuelan bolivar) Statista, https://www.statista.com/statistics/1418484/minimum-wage-venezuela/ (last visited November 23, 2024)
Minimum wages in Venezuela from January 2019 to July 2024 (in Venezuelan bolivar) [Graph], Organización Jurisprudencia del Trabajo, October 11, 2024. [Online]. Available: https://www.statista.com/statistics/1418484/minimum-wage-venezuela/